Meme coin markets move compulsively. Meanwhile, Dogeverse is preparing for launch on exchanges and a 1000x potential.
The cryptocurrency market is stagnating after a brief rally last week following the SEC approval of the Ethereum Spot ETF. Bitcoin (BTC) continues to trade below $68,000, while the global cryptocurrency market capitalization has fallen 1.2% over the past 48 hours to $2.69 trillion.
While significant assets are in crisis, some coins are preparing for new highs. Let’s take a look at three coins that could reach new all-time highs in June 2024.
Pepper (PEPPER)
PEPE is among the best-performing crypto assets in 2024. Since its launch in 2023, the price of the frog-themed coin has increased by almost 30.00%. PEPE hit an all-time high of $0.00001717 on Monday, but prices have fallen about 6.6% from Monday’s highs. PEPE increased by more than 117% compared to the previous month.
According to CoinCodex, the frog-themed cryptocurrency will continue its bullish trajectory throughout June. The platform expects PEPE to reach $0.0005532 on June 25, 2024. Reaching $0.00005532 from current levels would result in growth of approximately 243.8%.
Changelly also paints a bullish picture for PEPE in the coming weeks. The platform expects PEPE to reach $0.00005573 on June 24, 2024.
Bonk (BONK)
BONK is another cryptocurrency that has seen incredible growth over the past year. The asset reached an all-time high of $0.00004547 on March 4, 2024, approximately three months ago. Since then the price of BONK has fallen by almost 17%.
According to CoinCodex, BONK may surpass its March peak next month. The platform expects BONK to clear a zero and reach $0.000133 on June 25, 2024. Reaching $0.000133 from current levels would result in growth of nearly 247%.
Floki
Floki (FLOKI) is another meme cryptocurrency that could reach a new all-time high in June. It is currently down 19% from its all-time high of $0.0003365, which it reached in November 2021, over two years ago.
According to CoinCodex, FLOKI could rise to $0.000926 on June 25, 2024. Reaching $0.000926 from current levels would result in growth of around 240.8%
Despite the slight correction, we could see some assets explode in the coming weeks.
The possible surprise of June: Dogeverse
Dogecoin value and trading volumes continue to increase. In this context there is a project that is piquing the attention of traders: Dogeverse.
Dogeverse is a fairly recent, multichain project, with a well-known presale that has had a huge following. Dogeverse has as its icon a shiba inu dog (which recalls the more illustrious DOGE) called “Cosmo The Doge” who jumps from one blockchain to another, from Ethereum to Solana, from BNB Chain to Base, from Polygon to Avalance. Thanks to bridging, users can exchange the token on these six chains. There are just a few days left until the launch on the exchanges which has created incredible hype on social channels, so much so that some experts have gone unbalanced on a possible 1000x. The current price of $DOGEVERSE is $0.00031. The presale worth over 15 million dollars will close on June 3rd, two days later the token will be listed on the exchanges. The 46% APY may also push investors to hold the token longer term.
The implementation of $DOGEVERSE is strategically planned for maximum accessibility and efficiency, starting with its initial launch on Ethereum for its security and wide adoption. Through Wormhole and Portal Bridge technologies, the multichain mechanism is then triggered, allowing the gradual transition of $DOGEVERSE tokens onto various blockchains including Solana and Polygon which have much lower transaction costs. A key feature of this rollout is allowing pre-sale buyers to directly claim their tokens on their chosen blockchain, highlighting the commitment to a user-friendly experience. This strategy ensures interoperability and gives users the flexibility to interact with $DOGEVERSE on their preferred chain, enhancing the trading experience through optimized costs and processing speed. The launch and expansion of $DOGEVERSE across multiple blockchains, lead to the construction of a flexible, efficient and user-centric ecosystem.
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